Archives: 2018

Chinese wood products companies relocate to Vietnam due to US tariffs

Wood and wooden products manufacturers in China have been imposed 25% tariffs on all exports on the US market, as [...]

Overview of the Vietnamese wood pellet market

The wood pellet exports from Vietnam have gone from nearly zero to approximately 2.75 million metric tonnes per year [...]

CatchMark Timber finalizes acquisition of 1.1 million acres in Texas

    CatchMark Timber Trust, Inc. completes acquisition of 1.1 million acres of prime East Texas timberlands [...]

Kronospan to invest US$463 million in Alabama expansion project

    Austrian wood-based panel producer Kronospan plans to increase the investment in their Oxford, Alabama expansion [...]

Italy’s Enel Group sells biomass business for EUR 335 million

    The Enel Group has reached an agreement with F2i SGR for the sale of the entire [...]

Latvijas Finieris Group plans investments of EUR 200 million this year in boosting production capacity

Latvijas Finieris Group reached a turnover of 229.1 million euros in 2017, which is 7% more than in 2016 [...]

German imports of wood products revive this year

In 2017, total German imports of wood products (including all those in HS 44 and wood furniture in HS 94 [...]

International Yacht industry urges for collaboration with Myanmar on sustainable teak

An international alliance of yacht sector and associated organisations has cautioned against a ban on trade in Myanmar teak. Instead [...]

Bergs Timber announces management changes; Sampsa Auvinen leaves the company

    Swedish sawmiller Bergs Timber has announced organisational changes following its acquisition of Norvik Timber Industries’ Baltics [...]

Construction sector in Italy drives up wood products imports

Italy’s rise in timber imports in 2017 is a key indicator of the sector’s recovery. Overall, Italy’s [...]